Campbell to Remove BPA from Packaging by Mid-2017

Download

Campbell Soup Company today disclosed its plan to complete a transition to cans which do not use Bisphenol A (BPA) linings by the middle of 2017. The company began using cans with linings made from acrylic or polyester materials in March 2016 and will continue to introduce the new linings across its U.S. and Canadian portfolio through 2017. (Photo: Business Wire)

Campbell Soup Company today disclosed its plan to complete a transition to cans which do not use Bisphenol A (BPA) linings by the middle of 2017. The company began using cans with linings made from acrylic or polyester materials in March 2016 and will continue to introduce the new linings across its U.S. and Canadian portfolio through 2017. (Photo: Business Wire)

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today disclosed its plan to
complete a transition to cans which do not use Bisphenol A (BPA) linings
by the middle of 2017. The company began using cans with linings made
from acrylic or polyester materials in March 2016 and will continue to
introduce the new linings across its U.S. and Canadian portfolio through
2017.

Campbell first announced its intention to move away from BPA linings in
February 2012, in response to consumer feedback. Since then, Campbell
has tested hundreds of alternatives. As the company has stated
previously, the transition faced a number of technical challenges. This
included identifying linings that would ensure the safety of more than
600 different recipes, such as its tomato-based products, which are
naturally acidic and can react with some linings over time.

“Our priority throughout this transition has been, and will continue to
be, food safety,” said Mike Mulshine, Senior Program Manager, Packaging.
“We have tested and conducted trials with hundreds of alternatives to
BPA lining and believe the acrylic and polyester options will ensure our
food remains safe, affordable and tastes great.”

The products that will be packaged in non-BPA lined cans include all
varieties of Campbell’s soups and gravies, Swanson broth
and SpaghettiOs pasta. The company is on track to have 75 percent
of its soup portfolio in non-BPA lined cans by December 2016. The
company is also currently testing alternatives to BPA coatings used on
other packaging, including aluminum cans used for V8 beverages
and metal screw top lids on glass jars. The company is on track to
transition these products to a non-BPA solution by the middle of 2017.

Campbell also offers a wide range of products in packaging which
currently does not use BPA, including cartons, pouches and PET bottles.

Over the past year, Campbell has taken action to provide consumers with
more information about how its products are made, including packaging
and the use of BPA linings, through channels such as www.whatsinmyfood.com.

BPA has been widely used in metal food packaging for more than 40 years
and is one of the safest packaging options in the world. This is
confirmed by extensive scientific studies and regulations put in place
by the U.S. Food and Drug Administration and many international
regulatory agencies.

More information about the rationale behind Campbell’s decision can be
found on Campbell’s
newsroom.

About Campbell Soup Company

Campbell (NYSE:CPB) is driven and inspired by our Purpose, “Real food
that matters for life’s moments.” We make a range of high-quality soups
and simple meals, beverages, snacks and packaged fresh foods. For
generations, people have trusted Campbell to provide authentic,
flavorful and readily available foods and beverages that connect them to
each other, to warm memories and to what’s important today. Led by our
iconic Campbell’s brand, our portfolio includes Pepperidge
Farm, Bolthouse Farms, Arnott’s, V8, Swanson, Pace, Prego, Plum, Royal
Dansk, Kjeldsens and Garden Fresh Gourmet. Founded in 1869,
Campbell has a heritage of giving back and acting as a good steward of
the planet’s natural resources. The company is a member of the Standard
& Poor’s 500 and the Dow Jones Sustainability Indexes. For more
information, visit www.campbellsoupcompany.com
or follow company news on Twitter via @CampbellSoupCo.
To learn more about how we make our food and the choices behind the
ingredients we use, visit www.whatsinmyfood.com.

Forward-Looking Statements

This release contains “forward-looking statements” that reflect the
company’s current expectations about the impact of its future plans and
performance on the company’s business or financial results. These
forward-looking statements, rely on a number of assumptions and
estimates that could be inaccurate and which are subject to risks and
uncertainties. The factors that could cause the company’s actual results
to vary materially from those anticipated or expressed in any
forward-looking statement include (1) the company’s ability to manage
organizational change effectively; (2) the company’s ability to realize
projected cost savings and benefits from its efficiency programs; (3)
the impact of strong competitive responses to the company’s efforts to
leverage its brand power in the market; (4) the impact of changes in
consumer demand for the company’s products; (5) the risks associated
with trade and consumer acceptance of the company’s initiatives,
including its trade and promotional programs; (6) the practices,
including changes to inventory practices, and increased significance of
certain of the company’s key trade customers; (7) the impact of
fluctuations in the supply or costs of energy and raw and packaging
materials; (8) the impact of portfolio changes; (9) the uncertainties of
litigation; (10) the impact of changes in currency exchange rates, tax
rates, interest rates, debt and equity markets, inflation rates,
economic conditions and other external factors; (11) the impact of
unforeseen business disruptions in one or more of the company’s markets
due to political instability, civil disobedience, armed hostilities,
natural disasters or other calamities; and (12) other factors described
in the company’s most recent Form 10-K and subsequent Securities and
Exchange Commission filings. The company disclaims any obligation or
intent to update the forward-looking statements in order to reflect
events or circumstances after the date of this release.